BJP Government’s Top 19 Accomplishments So Far

7. Bank Recapitalization

BJP Government's Top 19 Accomplishments So Far

It is an attempt to save and strengthen more than 20 Public Sector Banks by infusing cash in return for them implementing a series of reforms. The Indian Government unveiled a Massive Rs 881.4 Billion, two year roadmap, to clean up their debt ridden balance sheets, introduce strong reforms in PSU banks and to give a strong push to the job creating MSME sector. IDBI bank, the Bank with highest Non-Performing Assets, got the maximum share of recapitalization with Rs 10, 610 Crore to maintain regulatory capital.

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